Monday 8 May 2023

South Australia has again ranked top ten globally in the 2022 Fraser Institute’s annual survey of mining companies.

The ease of doing business and investment value in South Australia’s mining sector has earned the state a place in the top 10 in this year’s survey by the Fraser Institute, Canada’s top think-tank.

South Australia placed ninth in the overall rankings, which takes into consideration both mineral and policy perceptions, and rates regions based on their geological attractiveness as well as the effects of government policy and attitude toward exploration investment.

In addition, the state placed third in the ‘Policy Perception Index’, which measures a jurisdiction’s policy practices, including regulatory environment, taxation and political risk. South Australia increased its Policy Perception Index score by 12.9 points and significantly improved its ranking from 2021, when it came in 16th.

South Australia has ranked number one for the quality of our geological databases which provide world class data and services, and open up opportunities for exploration and mining.

Our demonstrated prospectivity for in-demand and critical commodities such as copper, graphite, magnetite, heavy mineral sands and Rare Earth Elements makes South Australia an attractive destination for explorers.

Quotes attributable to the Acting Minister for Energy and Mining

South Australia continues to be a world leader in the mining sector, and this year’s survey ranking is a welcome endorsement of that.

As we compete for exploration investment, these results from the highly-regarded Fraser Institute survey give international investors confidence that their peers rank South Australia as a tier-one investment jurisdiction.